Does the Fly Fitness franchise agreement contain provisions regarding renewal?

According to Fly Fitness's 2024 Franchise Disclosure Document, Item 17 addresses the renewal, termination, transfer, and dispute resolution aspects of the franchise relationship. The document indicates that important provisions of the franchise and related agreements are listed in a table. Franchisees should carefully read these provisions within the agreements attached to the disclosure document to fully understand their rights and obligations regarding renewal.

Item 17 explicitly covers renewal, suggesting that the Fly Fitness franchise agreement does contain provisions for renewal. However, the specifics of these provisions (such as the length of the renewal term, conditions for renewal, and any associated fees) are not detailed in the provided excerpts.

Prospective franchisees should carefully review the complete franchise agreement and related addenda to understand the specific terms and conditions for renewing their Fly Fitness franchise. It is essential to understand the criteria that must be met to qualify for renewal and any costs associated with the renewal process. Additionally, franchisees should be aware of any state-specific regulations regarding franchise renewals, as mentioned in the state addenda.